Teslas expansion rate will completely overwhelm any macro-economic shockwaves it encounters and as CXO is, or will soon be, locked into that expansion, the outlook for CXO holders is absolutely brilliant and that doesn't even take into consideration our Global involvement of supplying refiners with copious amounts of our NT "White Gold"
If a recession occurs Teslas biggest problems will still be keeping up with the demand, and where to build the next giga factory and that will be the catalyst that guarantees the competition will have no choice but to expand also.
Also, the general consensus as of yesterday is that Australia will not follow the World into a recession.
Yes, I know, a Hydroxide Plant is most assuredly the "Elephant in the room".......I certainly have not forgotten about that.
Very exciting times ahead
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $246.4M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 12.0¢ | 11.3¢ | $1.220M | 10.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 110 | 6252092 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 695532 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CXO (ASX) Chart |